Bloomberg Vinci SA agreed to acquire control of Gatwick Airport for 2.9 billion pounds ($3.7 billion) as the French construction company jumped on the chance to add a major London hub to its aviation portfolio. The purchase of the 50.01 percent stake in the world’s second-busiest single runway airport from a group of investors will be financed with pound-denominated debt, ...

Bloomberg Flights from New York’s LaGuardia airport were operating normally on December 28 after some were delayed or diverted overnight because of an explosion at an electrical substation that temporarily cut off power. “We have normal flight activity,” the airport said in a tweet shortly after 9 am in New York. Travellers should still check with their carrier on the ...

Bloomberg With just a few days left before 2018 is over, Airbus SE says it’s working flat out to reach a goal of delivering 800 jetliners during the year. The Boeing Co. rival is maximising efforts to meet its target, which requires it to hand over at least 127 aircraft to customers in December. Marketing chief Christian Scherer and his ...